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Alcoa Fastening Systems Extends Territory of its Acument Torx Plus® Drive License

Dépèche transmise le 25 juillet 2011 par Business Wire

TORRANCE, Calif.--(BUSINESS WIRE)--Alcoa Fastening Systems (AFS) announces that it has signed an amendment to its current Torx Plus® drive license agreement with Acument® Global Technologies, Inc. (Acument), one of the world’s leading providers of mechanical fastening systems. This amendment extends the territory of the original patent license agreement to allow manufacturing in the United Kingdom, France and Germany.

“We look forward to collaborating with Acument to extend the market for innovative aerospace fasteners with Torx Plus® drive recess.”

"This amendment paves the way for further cooperation between our two companies and enables AFS to better serve our European customers from our newly acquired facilities in the United Kingdom," said Craig Brown, Vice President, Global Aerospace Customers and Marketing. "We look forward to collaborating with Acument to extend the market for innovative aerospace fasteners with Torx Plus® drive recess." AFS and Acument signed the original patent license agreement in 1993.

Alcoa Fastening Systems, a business unit of Alcoa, is a leading worldwide designer and manufacturer of fastening systems including specialty fasteners, fluid fittings, assembly components, and installation systems for aerospace and industrial applications. Headquartered in Torrance, California, the company has over 6,000 employees at 32 manufacturing and distribution/logistics locations, in 11 countries.

For more information about Alcoa Fastening Systems, visit www.alcoafasteners.com. For information about its complete line of Aerospace Products, please contact Ms. Anne Brown, Manager, Global Marketing Communications, Tel: 1 714 449 4374; Fax: 1 714 278 8726; e-mail: [email protected].

About Alcoa

Alcoa is the world’s leading producer of primary and fabricated aluminum, as well as the world’s largest miner of bauxite and refiner of alumina. In addition to inventing the modern-day aluminum industry, Alcoa innovation has been behind major milestones in the aerospace, automotive, packaging, building and construction, commercial transportation, consumer electronics and industrial markets over the past 120 years. Among the solutions Alcoa markets are flat-rolled products, hard alloy extrusions, and forgings, as well as Alcoa® wheels, fastening systems, precision and investment castings, and building systems in addition to its expertise in other light metals such as titanium and nickel-based super alloys. Sustainability is an integral part of Alcoa’s operating practices and the product design and engineering it provides to customers. Alcoa has been a member of the Dow Jones Sustainability Index for nine consecutive years and approximately 75 percent of all of the aluminum ever produced since 1888 is still in active use today. Alcoa employs approximately 59,000 people in 31 countries across the world. More information can be found at www.alcoa.com.